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Elizabeth Mitchell, president, Platinum Underwriters Reinsurance in New York, who is also a fellow of the Casualty Actuarial Society, made the observation during the opening session of the CAS Seminar
BOSTON--While there are differences between the current soft market and previous periods of rate declines, some destructive insurer behavior never seems to change, a group of reinsurance actuaries sugg
WASHINGTON--Congress will likely impose a level federal insurance regulation soon unless states act promptly to institute meaningful reform, the head of a property-casualty insurance trade group told s
The Louisiana Supreme Court has ruled that the state's valued policy law cannot be invoked by homeowners where the loss is partly caused by a noncovered flood peril if the policy explicitly contains a
Examination Management Services, Inc. (EMSI) and E-Z Data, Inc. announced that users of E-Z Data's SmartOffice and Commerce Agency agency management systems can now order and receive status of
Hyland Software, developer of the OnBase enterprise content management (ECM) software suite, announced a collaborative initiative with select insurance customers to enable OnBase workflow and BPM
The U.S. Securities and Exchange Commission has notified the former chairman of American International Group, Maurice Greenberg, that it may bring charges against him for his alleged role in a phony a
The Florida Office of Insurance Regulation said today that it has approved the plans of six insurance companies to remove another 100,000 homeowners policies next month from the state's insurer of las
Despite living in the state with the greatest risk of earthquake, the number of California homeowners with coverage against such an event has decreased from 30 percent in 1996 to about 12 percent toda
Despite living in the state with the greatest risk of earthquake, the number of California homeowners with coverage against such an event has decreased from 30 percent in 1996 to about 12 percent toda
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